Oil dependence and entrepreneurship: Non-linear evidence

被引：3
|
作者：
Awoa, Paul Awoa [1 ]
Efogo, Francoise Okah [1 ]
Ondoa, Henri Atangana [1 ]
机构：
[1] Univ Yaounde 2, Yaounde, Cameroon
来源：
ECONOMIC SYSTEMS | 2023年 / 47卷 / 01期
关键词：
Oil rents; Entrepreneurship; Institutions; Panel threshold regression; NATURAL-RESOURCE CURSE; INSTRUMENTAL VARIABLE ESTIMATION; RENT-SEEKING; ECONOMIC-FREEDOM; DYNAMIC PANELS; GROWTH; COUNTRIES; GOVERNANCE; ABUNDANCE;
D O I：
10.1016/j.ecosys.2022.101059
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study examines the empirical nature of the oil dependence-entrepreneurship nexus, building on recent research that extends the "resource curse" beyond its effects on economic growth. For the period from 2006 to 2018, the sample includes 115 countries at various stages of economic development. Using panel threshold methods, we discover an inverted U-shaped relationship, indicating that even small increases in oil rents increase entrepreneurship below the threshold. Globally, oil rents above a threshold of 77 % stifle entrepreneurship. Regional differences and institutional vulnerability act as moderators.(c) 2022 Published by Elsevier B.V.
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页数：13
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